Avon Products Inc. said Monday that it has named Jan Zijderveld chief executive officer, succeeding Sheri McCoy, effective immediately. The beauty company announced last summer that McCoy would resign in March. Zijderveld joins from Unilever N.V., where he was last president of the European business. He was with the company for 30 years. There was a Wall Street Journal report last week that activist investors would push to find a buyer for the company. Avon shares are unchanged in premarket trading, and down nearly 59% for the last year. The S&P 500 index is up 20.2% for the last 12 months.

Unilever PLC has kicked off the search for a new chief executive, according to a person familiar with the matter—initiating what is expected to be a monthslong process to replace longtime head Paul Polman.

Unilever PLC has kicked off the search for a new chief executive, according to a person familiar with the matter—initiating what is expected to be a monthslong process to replace longtime head Paul Polman.

Unilever PLC

Unilever Plc is a multinational consumer goods company that provides fast moving consumer goods. Its product categories include savoury, dressings and spread; ice cream and beverages; personal care, and home care. The company's brands include Axe & Lynx, Blue Band, Dove, Becel & Flora, Heartbrand ice creams, Hellmann's, Knorr, Lipton, Lux, Omo, Rexona and Sunsilk. It operates in three regions: Asia, Africa and Central and Eastern Europe, the Americas and Western Europe. The company's product areas are Personal Care, Foods, Refreshment and Home Care. Its Personal Care products include skin care and hair care products, deodorants and oral care products.The company Food products include soups, bouillons, sauces, snacks, mayonnaise, salad dressings, margarines and spreads, and cooking products such as liquid margarines. Its Refreshment products include ice cream, tea-based beverages, weight-management products, and nutritionally enhanced staples sold in developing markets. The company Home Care products include laundry tablets, powders and liquids, soap bars and a range of cleaning products. Unilever was founded by Antonius Johannes Jurgens, Samuel van den Bergh and William Hulme Lever on January 1, 1930 and is headquartered in London, the United Kingdom.
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